AREIT books ₱9.4B net income in 2025, up 28%

Ayala Land-backed real estate investment trust AREIT Inc. posted a double-digit profit growth in 2025 as its financial performance was boosted by contributions from properties acquired last year.

In a disclosure to the Philippine Stock Exchange on Friday, AREIT reported a net income of P9.4 billion, up 28% year-on-year.

This was on the back of P13 billion in total revenues and an earnings before Interest, taxes, depreciation, and amortization (EBITDA) of P9.5 billion, which grew 26% and 27% year-on-year, respectively.

AREIT said its last year's financial footing was backed by income contributions from its 2025 acquisitions, namely Central Bloc Corporate Center 1 and 2, Ayala Malls Central Bloc, and Seda Hotel Central Bloc in Cebu; Ayala Malls Abreeza and Abreeza Corporate Center in Davao; and Ayala Malls Centrio and Centrio Corporate Center in Cagayan de Oro. 

"These were complemented by full-year contributions from assets acquired in 2024 and the stable operations of its existing portfolio," it said.

The company said it closed 2025 with a total gross leasable area (GLA) of 4.3 million square meters, including 1.4 million square meters of building GLA, and an overall occupancy rate of 99%.

AREIT added that its assets under management (AUM) stood at P139.3 billion, spanning a diversified portfolio of offices, retail, hotels, and industrial land. — VDV, GMA Integrated News